Ras Al Khaimah
Mainland
Main Land Company Setup in Ras Al Khaimah
Ras al Khaimah is a prime investment destination in the UAE, with a vast number of established businesses spanning over fifty industry sectors. Setting up a business in RAK is a lucrative opportunity, providing access to markets in the Middle East, South Asia, North Africa, and Europe.
RAK is believed to have a key area, making it stand apart from others. Also, the Ras Al Khaimah economy is flourishing considerably more with the RAK international organizations that are residing there.
RAK’s strategic location sets it apart and its economy continues to grow with the presence of international organizations. The emirate offers convenient and streamlined administrative procedures, as well as low-cost business setup, particularly in proximity to Port Saqr.
Business setup in Ras Al Khaimah Mainland
The cost of obtaining a trade license in Ras Al Khaimah is economical. However, there are some requirements to fulfill before starting. One of the crucial things to have and do in setting up a business in Ras Al Khaimah is to have at least two partners who are 21 years or older, with a maximum of 50 partners. Expatriates seeking to establish a company in RAK must have a local partner (UAE national) who will hold 51% of the business shares, which is also a requirement.
The process of obtaining a RAK trade license can be complex and may require some preparation and understanding. If you’ve decided to set up a business in RAK, Ascentia Corporate Services can guide you through the process and assist with the relevant authorities.
Advantages
- Zero income tax
- Minimum requirements
- No currency restrictions
- Stress-free approvals
- Visa / license issuance
Ascentia corporate services gives exceptional support to business visionaries, multinational organizations, and SMEs considering of setting up new branches or organizations inside the Emirate’s region. Besides giving a comprehensive service of the establishment of new business, our believed business experts additionally help in the renewal of existing business licenses.
Ascentia offers a scope of company setup solutions explicitly designed in helping business people and investors very quickly and effectively establish operations anywhere inside the Emirate.
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At Ascentia Corporate Services, meet an experienced team of qualified business consultants willing to assist you through the challenging procedure of Business Setup in Mainland Ras Al Khaimah. Just put your trust in us and let our professionals handle everything for you.